Monday, June 4, the American technology giant Microsoft has acquired the well-known web hosting service for IT projects and their joint development. The amount of the transaction amounted to $7.5 billion. it is Noteworthy that the reaction of the cryptocurrency community to this news has been extremely negative.

We’re thrilled to announce that we’ve entered into an acquisition agreement with @Microsoft!

— GitHub (@github) June 4, 2018

So, GitHub is essential for the blockchain industry, since many projects revise and develop their open source code with the help of this service.

One of the first expressed Bitcoin Core developer Wladimir van der Laan. On the question of whether bitcoin repository to migrate to another service, he replied in the affirmative.

No real hurry, but I expect this is the beginning of a long painful road of gh toward obsolence, possibly ending the same way as did codeplex.

— Wladimir (@orionwl) 4 Jun 2018

“Yeah, no rush, but I think this is the beginning of a long and painful journey to oblivion GitHub and CodePlex fate”, — he stressed.

We are all thrilled as well…. as we switch to @Bitbucket. 😐👍

— A v B ⚡ (@ArminVanBitcoin) 4 Jun 2018

Known cryptoanalysis Armin van Bitcoin sarcastically congratulated GitHub with the conclusion of the transaction and added that developers have already started to move to Bitbucket.

Journalist Joseph young drew an analogy with the purchase of Skype by Microsoft and wrote that GitHub can expect the same sad fate.

Microsoft ruined Skype. Github is next on the death list.

— Joseph Young (@iamjosephyoung) 4 Jun 2018

Other users suggested to young that he forgot to mention Hotmail, and Nokia, which, in their opinion, do not demonstrate positive dynamics in development, as a part of Microsoft.

The organizer of the conference Breaking Bitcoin Kevin Loac also symbolically “buried” in GitHub.

RIP Github. So long, and thanks for all the fish.

— Kevin Loaec (@KLoaec) 4 Jun 2018

At the same time, the Creator of Dogecoin Jackson Palmer has stressed that he’s more concerned with centralized control over the tools to create projects, open source, and not the company, which acquired GitHub.

(I would have felt exactly the same if it was Google, Facebook etc.)

— Jackson Palmer (@ummjackson) 3 Jun 2018

He also acknowledged that the advantage of GitHub’s ease of distribution and data transfer, so it does not see any difficulty in the transition to alternatives.

The beauty of Git is that it’s easily distributed and portable. Switching is pretty simple.

— Jackson Palmer (@ummjackson) 3 Jun 2018

Palmer was advised to duplicate the important repositories, and those who are extremely concerned about the situation, to use peer-to-peer Protocol IPFS to copy the data.

Any company can be acquired, so that’s kind of difficult. The underlying protocol allows for easy distribution though. You should always locally mirror the repos you care about. If you want to go the extra mile, maybe mirror snapshots on IPFS/Dat or something.

— Jackson Palmer (@ummjackson) 3 Jun 2018

It is worth noting that concurrency platform Networks recorded a tenfold increase in the import repository Sunday, two days after the network appeared rumors about the deal between Microsoft and GitHub.

We’re seeing 10x the normal daily amount of repositories #movingtogitlab We’re scaling our fleet to try to stay up. Follow the progress on and @movingtogitlab

— Networks (@networks) 3 Jun 2018

Twitter even launched a campaign under the hashtag #movingtogitlab that the service supported system of discounts. So, new users can get 75% discount on Gold plans and Ultimate.

People are #movingtogitlab. New users can get 75% off on Gold or Ultimate for one year.

— Networks (@networks) 4 Jun 2018

But some did not agree with the categorical community. So, a leading developer of NEXT Samsung Michael Rogers said that the move from a single centralized service to another just makes no sense.

Leaving GitHub for another platform that is also controlled by a single company running a centralized product makes no sense to me at all.

— Mikeal Rogers (@mikeal) 4 Jun 2018

He added that if the developers have a strong desire to shift the center of gravity, you need to wait for a solution that can be purchased. In addition, he is convinced that the centralization of service is not important, if the product has open source code.

We will remind, earlier startup Circle acquired crypto currency exchange Poloniex. It is assumed that the amount of the transaction was $400 million.